In the context of which of the following -do-you- sometimes-find the terms ‘amber box, blue box and green box’ in the news?
WTO affairs
SAARC affairs
UNFCCC affairs
India-EU negotiations on FTA
Answer is Right!
Answer is Wrong!
This question was previously asked in
UPSC IAS – 2016
* **Green Box:** Refers to subsidies that are considered to have minimal or no distorting effects on trade. These are generally allowed without limits (e.g., government services like research, disease control, infrastructure, food security stocks, direct income support to farmers decoupled from production).
* **Amber Box:** Refers to domestic support measures that are considered to distort production and trade. Members committed to reducing these subsidies from a defined baseline.
* **Blue Box:** Refers to subsidies that are linked to programmes that limit production. While they are production-limiting, they are still considered potentially trade-distorting but less so than Amber Box measures. They are exempt from reduction commitments but subject to certain criteria.